Iceland vs Mongolia: Total reserves (includes gold, current US$)
Total reserves (includes gold, current US$) over time
- Iceland
- Mongolia
How they compare
Iceland currently reports 7.73 billion includes gold, current US$ against 7.00 billion includes gold, current US$ in Mongolia, a difference of 728.08 million includes gold, current US$.
That makes Iceland's figure about 1.1 times Mongolia's.
Across all 34 years both countries report, Iceland has been ahead every year.
Iceland ranks 92nd and Mongolia ranks 95th of 183 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 425.74 million includes gold, current US$ | 117.75 million includes gold, current US$ | 307.99 million includes gold, current US$ | Iceland |
| 2000s | 1.66 billion includes gold, current US$ | 512.57 million includes gold, current US$ | 1.15 billion includes gold, current US$ | Iceland |
| 2010s | 5.89 billion includes gold, current US$ | 2.63 billion includes gold, current US$ | 3.26 billion includes gold, current US$ | Iceland |
| 2020s | 6.55 billion includes gold, current US$ | 4.96 billion includes gold, current US$ | 1.60 billion includes gold, current US$ | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total reserves, Iceland or Mongolia?
- Iceland, at 7.73 billion includes gold, current US$ against 7.00 billion includes gold, current US$ in Mongolia as of 2025.
- What is the difference in total reserves between Iceland and Mongolia?
- 728.08 million includes gold, current US$, with Iceland ahead.
- How many years of comparable data are there for Iceland and Mongolia?
- 34 years are reported by both, from 1992 to 2025.
- How do Iceland and Mongolia rank globally for total reserves?
- Iceland ranks 92nd and Mongolia ranks 95th of 183 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Total reserves (includes gold, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.